Belfast Telegraph

Sunday 28 December 2014

South still tops city’s house price league

South Belfast continues to have the highest house prices in the whole of the city according to the latest University of Ulster Quarterly House Price Index.



The report stated the highest priced city location continued to be south Belfast where the average price in the fourth quarter was £232,039. This was followed by east Belfast with an average of £156,233, west Belfast with £146,919 and north Belfast with £100,268.

In Belfast the average price of housing fell by 4.1% over the year to £157,766 but the fourth quarter was up by 14.2% over the third quarter.

The Belfast market performed better than that for Northern Ireland as a whole.

Alan Bridle, UK Economist, Bank of Ireland, said: “Overall, 2011 may be the year when the local market bottoms out."

COMMENT RULES: Comments that are judged to be defamatory, abusive or in bad taste are not acceptable and contributors who consistently fall below certain criteria will be permanently blacklisted. The moderator will not enter into debate with individual contributors and the moderator’s decision is final. It is Belfast Telegraph policy to close comments on court cases, tribunals and active legal investigations. We may also close comments on articles which are being targeted for abuse. Problems with commenting? customercare@belfasttelegraph.co.uk

Latest News

Latest Sport

Latest Showbiz